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Staying Active in Retirement

There are many mistakes you can make as you prepare to enter retirement. That’s one reason many people suggest you sit down with a professional before you retire. But one thing people often overlook when they leave their jobs is that they are walking away from their existing network of friends and colleagues without considering…

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Saving for your child’s tuition without sacrificing your retirement

We love our children. Most of us would do anything for them. That includes saving for or paying for their college tuition, even if it means sacrificing a retirement lifestyle we may want and deserve. There’s no doubt about it, college tuition is expensive. It’s so expensive these days that it’s not uncommon for young…

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Five Things That Can Wreck Your Retirement

It’s not uncommon these days for retirement to last as long (if not longer) than our working careers. That means it’s critically important to make the right decisions because a few mistakes or missteps could eat into our retirement savings. And that’s a problem since most of us haven’t saved enough to begin with. Nearly…

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Latest News

Five Things Retirees May Forget to Plan For

Why Selling Fixed Annuities for a Cash Lump Sum May Not be a Good Choice

How to Prepare for Spikes in Prescription Drug Prices During Retirement

Using Immediate Annuities to Guarantee Retirement Income While Delaying Social Security Benefits

How a Fixed-Indexed Annuity Interest Rate Is Determined, and the Limits and Restrictions to Know

Purchasing a Fixed, Deferred Annuity in an IRA Can Help You Manage RMDs in Retirement

How Much of Your Retirement Savings Should Be in a Fixed or Fixed-Indexed Annuity?

Beneficiary of an Annuity? Help Lower Your Tax Burden with a Transfer to a Qualified Retirement Account

Six Great Websites to Help You with Retirement Planning

Defer Taxes on a Lump Sum Payment in Retirement by Funding an Annuity

Borrowing From Your Retirement to Start a Business

Estate Planning With Deferred Annuities in Retirement: Reducing Your Beneficiary’s Tax Burden

Funding Unexpected Healthcare Costs in Retirement With an Immediate Long-Term Care Annuity

What Is Your Immediate Annuity Exclusion Ratio and How Can It Impact Your Retirement Tax Burden?

Retirement Planning Through Life’s Stages

Understanding Annuity Riders: Should You Consider Including Them In Your Retirement Strategy?

What the 2016 Federal Reserve Bond Interest Rates May Mean for Fixed Annuities in the Long Term

The Pros and Cons of Accepting the Lump Sum Payment of an Annuity Buyout Offer

Financial Planner Designations and Annuity Licenses: Is Your Retirement Professional Qualified?

Claiming Strategies for Social Security, and Resources to Consider

Joint Life Annuity Explained: When Could a Single Life Annuity Be the Better Choice for Married Retirees?

How the Difference Between a Captive and Independent Insurance Agent Affects Your Retirement Plan

Need Out of Your Annuity Contract? What Retirees Should Know About Surrender Periods and Charges

Before You Do Any Retirement Planning, You Must First Do a Budget

Addressing the Bipartisan Budget Act of 2015 Pension Changes With Supplemental Retirement Annuities

Retirement Risks: Handling the Unexpected Cost of Mental Health Treatment

How the 2016 Fiduciary Rule Could Affect How You Pay for Retirement Advice

Worried About Outliving Your Retirement Savings? How a Longevity Annuity Could Help

Family Communication and Financial Planning

Retirement Tax Strategies: How to Choose Between Qualified vs. Non-Qualified Annuities

From The Experts

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Nov 29, 2017

Is it ever to early to start teaching your children about finances

There a growing call for improved financial literacy among young Americans, as Millennials face a growing financial crisis prompted by overwhelming student debt. “The level of financial literacy is low in the U.S. and consumers are paying the price,” according to a recent report by Mintel, an international market research company. “The ramifications of this…

When the kids come back home (Don’t let them wreck your retirement)

The stories have been all over the news for some time now. Burdened by crippling student loan debt, Millennials are returning home to live with their parents. According to a Pew Research Center report, for the first time in modern history, more 18-to-34-year-olds are living with their parents than those living single, with a partner…

Retirement approaching and you haven’t saved enough? Your options are limited

Americans’ habit of spending and not saving is about to catch up with them. We’re still operating as if we were our parents, who worked their entire lives for a company who then provided them with a pension for life, as well as health insurance and other retiree benefits. Those days are long gone. Very…

Sep 20, 2017

That Talk You Need to Have With Your Children Before You Retire

  Finally, It’s that time. You’re ready to clock out of that old 9-to-5 after all those years. You’re one of the  lucky ones, old enough to have both a pension and 401(k). The kids have all graduated college and are out of the house. You still have a car note, but you and your…

Is it Smart to Borrow From Your 401(k)

According to the National Bureau of Economic Research, in 2015, 20 percent of Americans have an  outstanding loan balance on their 401(k) and 37 percent have had loans in the past five years. Ten percent of those borrowers defaulted and a whopping 86 percent of borrowers left their company with an outstanding balance, according to…

Emergency Budget

There are many Americans who are not saving and, for these people, even a small unexpected expense will likely cause a financial setback. A survey of 1,000 Americans by Bankrate said nearly 60 percent of Americans would not be able to pay an unexpected emergency expense from their savings. Forty-five percent of those surveyed said…

Planning for Health Care expenses in Retirement

What’s the best way to wreck your retirement budget? How about unexpected medical expenses? Ask any financial planner and, he or she will likely say that most couples are not prepared for the financial disruption that could come with an expected or catastrophic illness. Twenty-eight percent of Americans said their greatest fear in retirement is…

Try to Avoid These Retirement Mistakes

There’s a reason I advise readers to talk to a financial professional well before they retire. There is so much more to retirement than saving money, and many Americans can’t even do that. There are a lot of things to consider, foremost among them how long that nest egg will last so you don’t want…

Do a little research before you buy that retirement home

It’s a dream that many of us have. The kids have graduated from college and settled into their new homes and new jobs. Retirement is around the corner. Now that you are empty nesters, that big house in the suburbs no longer works for you and your spouse. So, finally, it’s your chance to get…

There’s more to retirement than saving your money

It’s complicated, this retirement thing. It sneaks up on you, and many of us aren’t quite ready. We haven’t saved enough, didn’t plan enough or we just haven’t figured out what we will do with all that time suddenly thrust upon us. Saving for retirement is difficult enough. Many surveys show that Americans have saved…